203 N Cleveland Ave Long Beach, MS 39560

Long Beach Square in Long Beach, MS, presents a multifamily investment opportunity. The property features a mix of one- and two-bedroom units with amenities and a location near schools, the beach, downtown Long Beach, and the University of Southern Mississippi–Gulf Park campus. Residents benefit from nearby shopping, dining, schools, and healthcare services. The property is positioned to maintain stable occupancy and deliver consistent returns due to steady population growth and limited apartment supply in the submarket. Situated in one of the Gulf Coast’s communities, Long Beach Square Apartments offers a community with amenities and updated units. Amenities include a pool, picnic areas, and landscaping. The property provides investors with a stable asset and potential for long-term value creation, supported by consistent population and economic growth in the region. Long Beach Square presents investors with the opportunity to acquire a stabilized, cash-flowing asset with avenues to increase total revenue by continuing in-place strategies of achieving market rent. New ownership will inherit an updated property with a lowered insurance cost. The property consists of 100 units over 78,700 square feet, built in 1984, with 98% occupancy. Key improvements include recently replaced roofs, new siding, and upgraded French Doors in all units. 90% of units have undergone standard renovations. Amenities include a pool, clubhouse, grilling and picnic area, dog park, and fitness center. The area surrounding the property offers amenities and attractions for residents, with proximity to the Gulf Coast, beaches, recreational activities, and waterfront views. The downtown area provides dining, shopping, and entertainment options, with access to schools, parks, and medical facilities.